Commercial banks may soon have their banking hours extended from 1.30 p.m. to 3 p.m. to enable them cope with the increasing…
News
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As the federal government extends the tenure of office of the Central Bank Governor, Alhaji Abdulkadir Ahmed to March 1988, a stalemate…
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Some goods earlier declared as contraband by the federal government can now come into the country. The goods which include malt and…
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There are lots of fraudulent practices in the insurance brokerage business The Republic investigation has revealed. According to our investigation, a good…
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Federal government will next month remove 36 per cent oil subsidy, bringing the price per litre of petrol of 51.87 kobo as…
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General staff headquarters (GHQ) and the internal affairs ministry, now appear to be at loggerheads over the clearance of imported kolanuts which…
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Nigeria realised a total of N135.6 million from two of the three pre-shipment inspection agencies between April and June 1987. According to…
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Exporting firms have decried the Central Bank‚Äôs indiscriminate use of embargo instrument on their companies. Most of the firms have accused the…
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The board of directors of the Central Bank of Nigeria has rejected the bank‚Äôs management proposal to establish a public relations department…
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Nigeria, for over five years now has persistent balance of payment problems. The forces that shaped the balance of payments are numerous…
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Nigeria produced an estimated 40.311 million barrels of crude oil at the rate of N1.301 million barrels a day (mbd) in the…
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Banks operating in the country have been given guidelines by the Central Bank of Nigeria, CBN, on foreign exchange settlement rate for…
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Kingsway Stores the retail outlet for UAC products is to be phased out. The Republic investigation revealed that were hitherto used by…
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The Nigerian Bureau of the Eco Bank is to take off in January following the granting of licence to the bank by…
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The federal government has signed a multimillion naira agreement with the International Crop Research Institute for Semi Arid Tropics, ICRISAT, for the…